XRP Active Addresses Surge 442%, Hinting at Major Momentum Shift

XRP is showing signs of renewed momentum, as on-chain data reveals a 442.7% spike in daily active addresses, soaring to 181,000 within 24 hours. This significant uptick in network activity suggests genuine user interest and real utility, not just market speculation. Notably, the number of wallets holding over 1 million XRP has risen to approximately 2,850, reinforcing growing long-term investor confidence.

At the same time, XRP’s open interest in the futures market remains steady at $2.8 billion, highlighting consistent institutional exposure despite recent price volatility. This simultaneous rise in both on-chain metrics and derivatives market positioning is rare—and potentially bullish. Typically, a rise in one comes at the expense of the other. The current alignment indicates a strong base of retail and institutional activity that could lead to a breakout.

Despite a 3.31% dip in price to $2.11, XRP’s trading volume climbed 2.06% to $2.89 billion, indicating sustained market engagement rather than panic selling. The price briefly reached $2.22 earlier, and the pullback may signal oversold conditions and upcoming support. With 80.2% of XRP holders in profit and funding rates turning positive, many investors appear ready to either lock in gains or double down.

This combination of increased utility, large holder activity, and derivatives conviction could set the stage for a major shift in sentiment and price action. While XRP has shown short-term weakness,